Here are the recap for the top 3 major microcap stock gainers in the Oil & Gas Equipment & Services sector trading on Wednesday. keep an eye on the following stocks.
KLX Energy Services Holdings (NASDAQ:KLXE) continued to move higher and one of the biggest gainers last month in the Oil & Gas sector. The stock soared 22.20% to close at $2.73. On Wednesday, the stock witnessed higher than average volume with more than 367K shares exchanged hands, compared to its average volume of 179K. The stock opened at $12.46 and moved within a wide range of $ 12.36 – 15.28. Last week, the company announced that it will release its fiscal first quarter 2021 financial results on Wednesday, June 9, 2021 after the market closes.
Recon Technology, Ltd. (NASDAQ:RCON) gained momentum as the stock went up 6.62% for the session to $11.92. The stock has moved within a wide range of $ 11.18 – 12.22. The stock has surged about 710% year-to-date. Moreover, the stock has moved up almost 816% over the past 6-month. The stock is trading 4.4% below its 52-week high and 1490% higher from its 52-week low.
Last week, the company announced that its subsidiary Future Gas Station Technology Company Limited, Shenzhen Wanlitong Network Information Technology Co., Ltd, a subsidiary of Ping An Insurance Company of China, Ltd. managing Ping An’s loyalty points program, and Zhejiang Sales Branch of PetroChina Co., Ltd. signed a business cooperation agreement to further promote Ping An’s business expansion plans and the Program in PetroChina’s gas stations in Zhejiang, China.
Smart Sand, Inc (NASDAQ:SND) was another gainer in the Oil & Gas sector. The stock was up 2.88% at $2.70. More than 365K shares have been traded hands, compared to its average volume of 257K. Over the past 52-week, the stock moved within a range of $ 0.9680 – 3.6700. The stock has soared 57% so far in 2021 and 39% in the past 6-month.The stock is trading in the neutral zone as RSI stands at 67.
